Oracle Corporation: Price Expected To Move Upwards Towards Its Resistance Level At Around $80

By AAATrade of AAATrade.com
Tuesday, September 13, 2022 9:31 AM EDT

Today’s instrument is the Oracle Corp. stock traded on the NYSE exchange under the ticker ORCL. 

Looking at the ORCL’s chart, we can see that it is traded at around $77.06. Last night it announced its quarterly earnings with a generally positive outcome. Today we could expect an upward movement of the price toward its resistance level at around $80 and if able to pass it then it should approach its next resistance level at around $85. 

(Click on image to enlarge)

Oracle Corporation

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